Public Utility Accounting (APPA)

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November 6 - 7, 2019 (8:30 am - 3:30 pm)    |    NEPPA Training Center (Littleton, MA)


NEPPA has partnered with the American Public Power Association to bring the Public Utility Accounting training in-house.  



Course Overview


This course highlights the development of a utility accounting system that is compatible with Federal Energy Regulatory Commission (FERC) guidelines. It examines accounting theory, the role of accounting in public utilities, FERC accounting procedures, the uniform systems of accounts, and utility accounting subsystems.


This course does not have prerequisites nor does it require advance preparation.


Recommended CEUs / PDHs / CPEs


Recommended CEUs 1.2/PDHs 11.75/CPEs 14
Field of Study: Accounting


Who Should Attend


This course is designed for personnel who are new to utility accounting practices or unfamiliar with the FERC accounting structure. Experienced accountants and accounting managers who want to enhance their knowledge of utility accounting practices can also benefit from this course.


Course Topics


  • Accounting for operating revenue and expenses
  • Balance sheet and income statement preparation
  • Introduction to utility property and plant accounting
  • Introduction to FERC uniform system of accounts
  • Applicability of generally accepted accounting principles to public utilities
  • Financial statement structure and presentation
  • Capital vs. expense determination
  • Allocation of indirect or common costs
  • Accounting for unbundled services




Click here to download the detailed agenda.


Day 1 – November 6, 2019

8:30 am           Introduction & Objectives, Introduction of Uniform System of Accounts

10:00 am         Break

10:15 am         Accounting Information for Public Power Systems

12:00 pm         Lunch

12:30 pm         FERC USOA: Instructions

2:00 pm           Break

2:15 pm           Balance Sheet Accounts

3:30 pm           Adjourn


Day 2 – November 7, 2019

8:30 am           Income Statement Accounts

10:30 am         Break

10:45 am         Introduction to Accounting Applications

12:00 pm         Lunch

12:30 pm         Introduction to Accounting for Utility Property

2:30 pm           Break

2:45 pm           Basic Rate Design & Funding Concepts

3:30 pm           Adjourn






Registration fees include coffee, breaks and lunch each day. 


Members: $695

Non-Members: $1,290


Registration for this event is closed.




Cancellations are accepted until Wednesday, October 16, 2019.  Substitutions may be made at any time.





Jerry McKenzie is a Senior Manager with the MGT Consulting Group and the author of APPA’s Public Utility Accounting, Unbundling Electric Distribution-Related Services and Costing Electricity Generation in a Competitive Environment: Principles & Procedures publications. He has an extensive 35+ year background in cost accounting concepts and practical applications. Having worked in both the private electric utility sector and the municipally owned environment, Jerry brings a broad, and somewhat unique perspective to this course. He has extensive knowledge of the Federal Energy Regulatory Commission’s (FERC) statutes and regulations and has taught on a variety of subjects dealing with Public Utility Accounting.





Questions? Don't hesitate to call the office at (978) 540-2200 or contact Sarah Elise Klingler, Director of Education & Programs at


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